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DiNapoli Calls on Twitter & Other Major Corporations to Take Action on Political Spending Transparency
… political spending, gave Hanesbrands a score 7.1 out of 100, ranking it in the bottom tier of companies in the S&P … his political spending disclosure shareholder proposals. CMS Energy Corporation, Molson Coors Beverage Co., and …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-calls-twitter-other-major-corporations-take-action-political-spending-transparencyDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… Hess Corp. and Chesapeake Energy Corp., that have failed to demonstrate they are prepared for the transition to a low-carbon economy, New York State Comptroller Thomas P. … are part of DiNapoli’s comprehensive Climate Action Plan to address investment risks from climate change and his …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesDiNapoli: FirstEnergy Corp. Agrees to Disclose Its Political Spending
… used “secret payments” totaling over $60 million in exchange for a bailout. This illustrates how undisclosed … payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-firstenergy-corp-agrees-disclose-its-political-spendingAmazon Shareholders Urged To Support Audit of Company’s Policies on Racial Inclusion
… Comptroller Thomas P. DiNapoli today released a statement on behalf of the New York State Common Retirement Fund (Fund) … in advance of the company’s annual shareholders’ meeting on May 26, 2021. The statement calls on shareholders to vote for the Fund’s shareholder proposal …
https://www.osc.ny.gov/press/releases/2021/05/amazon-shareholders-urged-support-audit-companys-policies-racial-inclusionDiNapoli Announces $15 Million Investment in Northern Ireland
… great universities and a highly educated workforce, and we look forward to Crescent supporting a portfolio of Northern …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandShareholders Cheer Lowe's New Green Energy Initiatives
… with the carbon reduction objectives outlined in the 2015 Paris Climate Agreement, Lowe's is showing its commitment to …
https://www.osc.ny.gov/press/releases/2018/03/shareholders-cheer-lowes-new-green-energy-initiativesTown of Cohocton – Procurement (2025M-13)
… Did Town of Cohocton (Town) officials make purchases in accordance with Town policy, statutory requirements and good business practices? Audit Period … the Program Generally, municipal purchases should be made in the best interest of the taxpayers. One of the best …
https://www.osc.ny.gov/local-government/audits/town/2025/07/03/town-cohocton-procurement-2025m-13DiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors
… the New York State Common Retirement Fund (the Fund) plans to vote against all board directors standing for re-election … also announced agreements with four Fortune 500 companies to formally include gender and racial diversity in their … all-male boardrooms on notice – diversify your boards to improve your performance. There is ample research that …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-state-pension-fund-will-vote-against-board-members-corporations-no-women-directorsDiNapoli Announces New Technology Investment Through Contour Venture Partners
… the In-State Private Equity Program. Bounce Exchange is an up and coming technology company that we are excited to … employment opportunities are proof that the program is a win for the Fund and a win for companies in communities … movement and anticipates the precise second a visitor is preparing to leave the website. At that point, the program …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-new-technology-investment-through-contour-venture-partnersOversight of Mental Health Education in Schools
… Objectives To determine what steps the State Education Department (Department) is taking to ensure that school districts have the necessary mental health … To determine what steps the State Education Department is taking to ensure that school districts have the necessary …
https://www.osc.ny.gov/state-agencies/audits/2022/04/11/oversight-mental-health-education-schoolsDiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… has updated its proxy voting guidelines and released its 2023 Stewardship Report. “Companies that take steps to be … In 2023, the Fund cast more than 30,900 votes at 3,235 public company meetings. Key updates to the Fund’s … and sexual harassment disclosure proposals at Tesla Inc., Wells Fargo and Co., and Chipotle Mexican Grill …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesOpinion 99-14
… constitutes indirect expenditure) GENERAL MUNICIPAL LAW, §103; TOWN LAW, §198(12): An agreement by a town on behalf of … to competitive bidding under General Municipal Law, §103 if it involves a direct or indirect expenditure in excess … subject to the competitive bidding requirements of section 103 of the General Municipal Law. General Municipal Law, §103 …
https://www.osc.ny.gov/legal-opinions/opinion-99-14Independent Oversight: OSC's Contract Review Safeguards Public Funds
… Fiscal Year (SFY) 2022-23 allowed at least $11 billion in spending without a competitive process or the benefit of … an OSC review. These actions build on exclusions adopted in prior budgets that have significantly eroded the Comptroller’s vital role in independent review and approval of contracts. OSC’s …
https://www.osc.ny.gov/reports/independent-oversight-osc-contract-review-safeguards-public-fundsNaples Central School District – Online Banking (2015M-143)
… to evaluate internal controls related to online banking for the period July 1, 2013 through June 16, 2015. Background … nine-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year are approximately $19.6 million. …
https://www.osc.ny.gov/local-government/audits/school-district/2015/09/11/naples-central-school-district-online-banking-2015m-143Town of Worcester – Claims Audit (2022M-145)
… should not have been approved for payment. For example, 131 claims totaling $597,410 were approved without evidence …
https://www.osc.ny.gov/local-government/audits/town/2023/02/10/town-worcester-claims-audit-2022m-145Brighton Central School District – Procurement (2022M-205)
… (District) officials made procurements related to the 2021- 22 capital improvement project (CIP) in accordance with … demonstrate that certain goods and services related to the 2021-22 CIP were procured in accordance with District …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/02/brighton-central-school-district-procurement-2022m-205Lynbrook Union Free School District – Purchasing (2022M-17)
… pdf ] Audit Objective Determine whether the Lynbrook Union Free School District (District) purchasing agent ensured … Determine whether the Lynbrook Union Free School District District purchasing agent ensured staff …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/08/lynbrook-union-free-school-district-purchasing-2022m-17Town of Sanford – Claims Audit Process (2021M-189)
… report - pdf ] Audit Objective Determine whether Town of Sanford (Town) officials ensured that claims were … all claims were appropriately audited and approved. Out of 200 claims reviewed, the Board did not audit 69 claims … only audited and approved claims are listed on abstracts of audited claims. Periodically compare prices to State …
https://www.osc.ny.gov/local-government/audits/town/2022/03/04/town-sanford-claims-audit-process-2021m-189Fonda-Fultonville Central School District – Reserves Management (2021M-157)
… reserve funds. Key Findings The Board did not properly fund, use or manage reserve funds according to applicable … the purpose, funding goals, conditions for reserve fund use and replenishment. Obtain voter approval to … required resolution to properly transfer $114,895 into the retirement reserve. While it is a prudent practice for …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/fonda-fultonville-central-school-district-reserves-management-2021m-157Town of Owasco – Financial Management and Procurement (2021M-70)
… (Town) Board (Board) effectively managed fund balances and reserves for the general, water and sewer district funds and has multiyear financial and capital plans. Determine … Owasco Town Board Board effectively managed fund balances and reserves for the general water and sewer district funds …
https://www.osc.ny.gov/local-government/audits/town/2021/08/13/town-owasco-financial-management-and-procurement-2021m-70